Assistant Business Manager - Affordable Housing

Sail • St. Paul, MN

8d • $55,000 - $70,000 • Onsite

About The Position

The Assistant Business Manager is the operational and compliance anchor for an assigned affordable property, owning the full cycle of certifications, regulatory reporting, resident eligibility, and day-to-day execution. This role requires technical fluency in LIHTC and layered program requirements and the discipline to execute without shortcuts. Reports to the Business Manager.

Requirements

• Minimum 2 years of property management experience with at least 1 year in affordable housing or LIHTC
• Demonstrated technical knowledge of Tax Credit (LIHTC), Section 8, HOME, and layered affordable housing programs
• Proficiency in Yardi or comparable property management software
• Comprehensive understanding of Fair Housing law and compliance regulations
• Exacting attention to detail and ability to manage documentation, deadlines, and regulatory requirements with consistency

Nice To Haves

• Depth in affordable housing compliance (LIHTC, Section 8, HOME, or layered programs) is highly valued, and most powerful when paired with strong day-to-day property operations experience
• MN Housing Finance Agency and/or HUD compliance experience strongly preferred
• HCCP, SHCM, TCS, or COS certification preferred (or willingness to obtain within first year)

Responsibilities

• Maintain full compliance with LIHTC, Section 8, HOME, and applicable program requirements; keep resident files audit-ready; submit all city, state, MN Housing, HUD, and syndicator reports on time.
• Execute certifications, recertifications, and income verifications accurately and on schedule; manage waitlist and application process per housing authority and program guidelines.
• Oversee day-to-day leasing, maintenance coordination, and resident relations; uphold SAIL policies and operational standards consistently; respond to residents and online reviews with professionalism.
• Hit occupancy, collections, and compliance benchmarks; operate within budget; enter complete, accurate data in Yardi.

Benefits

• Base salary $55,000 to $70,000 DOQ, plus performance-based bonus potential
• Medical, dental, vision, 401(k), paid time off, MN Earned Sick and Safe Time
• Ongoing professional development
• A structured, process-driven environment where expertise is recognized and precision is the standard

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed